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Sui blockchain taps radio waves to bank the unbanked offline

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In a groundbreaking development for the blockchain industry, Sui Blockchain has introduced a novel method for conducting cryptocurrency transactions without internet connectivity, utilizing radio waves. This innovative approach aims to broaden the accessibility of blockchain technology by enabling transactions in areas where traditional internet infrastructure is unavailable or unreliable.

The Sui Blockchain team unveiled this cutting-edge feature in a recent announcement, detailing how the technology leverages low-frequency radio waves to facilitate secure and efficient crypto transactions. This method represents a significant leap forward in overcoming one of the major barriers to blockchain adoption: the dependency on internet connectivity.

The new system operates by encoding transaction data into radio signals, which can then be transmitted and received by compatible devices. Once the signal reaches a receiving station, the transaction is decoded and processed on the blockchain, ensuring that all the usual security and verification protocols are maintained. This approach allows users to conduct transactions even in remote or underserved locations, where internet access may be limited or nonexistent.

Sui Blockchain’s use of radio waves for offline transactions is designed to enhance the inclusivity and resilience of the blockchain network. By eliminating the need for continuous internet access, this technology has the potential to empower a wider range of users, including those in rural areas or disaster-stricken regions, to participate in the cryptocurrency ecosystem.

The introduction of this feature is expected to pave the way for new applications and use cases in the crypto space, particularly in areas where traditional digital infrastructure is challenging to deploy. It also represents a step forward in the broader goal of achieving greater decentralization and accessibility within the blockchain community.

The Sui Blockchain team is currently working on expanding the capabilities of this technology and exploring potential partnerships to further integrate radio wave transactions into the broader crypto ecosystem. As the technology develops, it could play a crucial role in bridging the gap between the blockchain world and regions with limited digital connectivity.

In summary, Sui Blockchain’s innovative use of radio waves for offline cryptocurrency transactions marks a significant advancement in blockchain technology. By enabling transactions without relying on internet access, Sui Blockchain is set to enhance the accessibility and functionality of digital currencies in a variety of settings, potentially transforming how and where crypto transactions can occur.

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Bitcoin price risks drop to $71K as Trump tariffs hurt US business outlook

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Bitcoin is setting its sights on the $71,000 mark as market conditions shift in response to geopolitical and economic developments, including a new tariff agreement and weakening U.S. business sentiment.

Recent market activity suggests that Bitcoin is benefiting from concerns over traditional economic indicators, with investors turning to digital assets as a hedge against economic uncertainty. A rare slump in U.S. business outlook has fueled speculation that risk assets, including Bitcoin, could see increased inflows.

Additionally, ongoing global trade negotiations and tariff adjustments have contributed to market volatility, prompting investors to seek alternative stores of value. Analysts suggest that if macroeconomic pressures persist, Bitcoin could continue its upward trajectory, potentially testing the $71,000 resistance level.

Despite short-term fluctuations, Bitcoin remains a focal point for investors navigating inflation concerns, regulatory shifts, and global economic trends. The coming weeks will be critical in determining whether Bitcoin can sustain its momentum and break through key price barriers.

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Crypto donations top $1B in 2024, gain traction after Myanmar, Thailand quake

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Changpeng “CZ” Zhao, the former CEO of Binance, has donated 1,000 BNB to aid relief efforts following a powerful earthquake that struck the Thailand-Myanmar border region. The donation, valued at approximately $600,000, aims to support those affected by the disaster and assist in recovery operations.

The earthquake caused significant damage in several areas, displacing residents and impacting local infrastructure. CZ’s contribution highlights the growing role of cryptocurrency in humanitarian aid, providing fast and transparent relief funding.

The donation will be distributed to organizations working on the ground to deliver emergency assistance, including shelter, food, and medical supplies. Crypto-based aid is increasingly being utilized in disaster response efforts due to its efficiency in reaching affected communities without the delays of traditional banking systems.

As the affected regions begin the recovery process, the crypto community continues to demonstrate how blockchain technology can play a meaningful role in global humanitarian initiatives.

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Hackers are selling counterfeit phones with crypto-stealing malware

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Security researchers have uncovered a wave of counterfeit Android devices preloaded with malware designed to steal cryptocurrency, posing a significant threat to users worldwide. The infected devices, which mimic popular smartphone brands, contain malicious software capable of hijacking digital wallets and siphoning funds.

The malware, embedded at the firmware level, allows attackers to gain remote access, intercept sensitive data, and execute unauthorized transactions. Because the malicious code is deeply integrated into the device’s operating system, it is difficult to detect and remove, making it a persistent threat.

Cybersecurity experts warn that unsuspecting buyers may unknowingly expose their crypto holdings to risk by purchasing these compromised devices from unverified sellers. Users are urged to exercise caution by only purchasing smartphones from trusted retailers and manufacturers.

The discovery highlights the growing sophistication of cybercriminals targeting the cryptocurrency sector. As mobile-based crypto transactions become more common, security measures such as hardware wallet usage and multi-factor authentication are increasingly essential to safeguard digital assets from emerging threats.

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